Property Overview: 39 Clonard Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Glenwood, built in 1945, presents a practical opportunity in Winnipeg's housing market. Its key characteristic is a well-proportioned 1,440 sqft of living space, which is notably above average for both its immediate street and the Glenwood neighbourhood. This suggests a home with comfortable room for a small family or those needing dedicated space for a home office or hobbies. The property includes a detached garage and a basement that has not been renovated, offering functional storage or future potential.

The appeal lies in its value proposition. The home's assessed value is consistently below average for its area, which could indicate a more accessible price point for the amount of living space offered. It suits first-time buyers or practical investors looking for a solid, character home in an established neighbourhood without a premium price tag. A thoughtful perspective is that this property represents a "blank canvas" scenario—the unrenovated basement and the home's age suggest it's ideal for a buyer who prefers to customize updates over time to suit their own taste and budget, rather than paying for someone else's potentially dated renovations. Its lot size, while below average, offers manageable outdoor maintenance.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value actually mean?
It means the city's assessment for this property is lower than most comparable homes on its street, in Glenwood, and across Winnipeg. This often correlates with a lower asking or selling price, but it can also reflect the home's age, condition, or specific features.

2. Is the unrenovated basement a major concern?
It's a key consideration. It provides space and potential, but any immediate plans for finished living space will require investment. It's crucial to have it inspected for moisture, foundation integrity, and basic systems like wiring and plumbing.

3. Who might this home not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home with no projects, or those prioritizing a large backyard. The below-average lot size and the likelihood of needed updates make it less ideal for those wanting immediate convenience or extensive outdoor space.

4. The sold price history shows a sale in late 2016. Why is that relevant?
That historical sale provides a market benchmark from nearly a decade ago, highlighting how local values have moved over time. It's a starting point for understanding the property's market history, but current value will be driven by today's market conditions and the home's present state.

5. How significant is the "above average" living area ranking?
It's a standout feature. In its immediate context, the home offers more interior space than over 85% of its neighbours. This is a tangible advantage, providing more room than is typical for the area, which can be a wise trade-off for a smaller lot or an older home needing some updates.